Financial literacy

Effective money management is becoming more and more crucial in the twenty-first century, not just for professionals in the banking and investing industries, but for everyone who is in a position to manage their finances on a daily basis. Financial literacy is the typical general phrase used to describe this skill. Several demographic, societal, and economic trends, including the baby boom and increases in life expectancy, changes in pension plans and income, rising involvement in the financial markets, and the complexity and proliferation of financial products, all contribute to the growing importance of financial literacy.This book covers in seven chapter with short introduction of each chapter.